SRINAGAR

APRIL

Jammu and Kashmir Economic Reconstruction Agency (J&K ERA) Thursday started work on the construction of multilevel mechanized car parking facility in Lal Chowk, Srinagar. The work was started in presence of Chief Executive Officer, J&K ERA, Saurabh Bhagat.

The project is estimated to cost Rs. 26.75 crores and will be spread over an area of 3472 square meters and includes construction of five level automated puzzle type mechanized parking facility along with three storied commercial complex comprising of office space, public toilet and commercial space (shops) for rehabilitation  of KMDA office and other shopkeepers presently existing at site.

According to official statement, the parking facility in the city centre would provide hassle free parking facility and pave way for smooth movement of vehicles and improve long term traffic management in the city hub by preventing road side parking and providing safe, secure and efficient vehicular movement inside as well as outside parking facility.

The contract for this sub-project has been bagged by M/s Simplex Projects Limited, a national level company.

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